BANKSETA ANNUAL REPORT 2023

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HUMAN RESOURCES OVERVIEW

Introduction Human Resources has aligned its definitions of sustainability key performance indicators (KPIs) to the Strategic Planning targets, and this has ensured that there is synergy and comparability. The BANKSETA has remuneration policies and structures that aim to attract and retain the required skills. Employees possess the intellectual capital required for all core and supporting business processes. They are our social partners in ensuring sustainability through performance, culture, and skills. Set HR priorities for the year under review and the impact of these priorities The future human resource (HR) needs are aligned to the National Skills Development Plan in setting HR priorities, measuring, monitoring, and reporting on progress. The following activities highlight the HR priorities for 2022/23.

Talent sourcing

Ensure Human Resources is staffed and structured appropriately to deliver high quality services

Performance management Learning and development

Develop high performing individuals and teams

Identify and develop skills to support the continuous professional development of employees Build our employee health and wellbeing initiatives to proactively support a safe healthy workforce

Employee wellness

HR Information System Implement technology solutions to improve Human Resources service delivery Workforce planning framework and key strategies to attract and recruit a skilled and capable workforce Our recruitment drive is aligned with the employment equity numerical targets and the strong workforce planning capabilities to enable proactive forecasting. As an institution we had to build capacity of employees to deliver on departmental objectives and development of a suitable organisational structure linked to the operational model.

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BANKSETA ANNUAL REPORT 2022/23